In this episode of the AmiSights Podcast, we chat with Michael Ly, the founder and CEO of Reconciled. Michael shares his journey of starting the company in 2016, driven by a mission to support entrepreneurs by handling their daily bookkeeping and accounting needs, allowing them to concentrate on their core business strengths.
“The business owner or the entrepreneur, they don't start a business because they're excited about accounting,” he said. “They start a business because they're passionate about a product or service they want to provide to the world and provide to their end customer, and accounting generally is not that service unless you're an accountant.”
The main topics of today's episode will be:
Why growing quickly doesn’t result in immediate cash flow as you need to hire more employees to grow.
How finding qualified accountants has been especially difficult since the pandemic when 300,000 accountants left the industry.
How to build culture within a fully remote company.
Catch this week's podcast on Spotify, Apple Podcast, Google Podcasts, Pocket Casts, RadioPublic, and Copy RSS.
You can also watch the full episode on the AmiSights YouTube Channel. Get a sneak peek every Monday, and watch the full episode on Tuesdays!
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